Fine Arts, Antiques & Collectibles Insurance

From priceless works of art to action figures, the world of collectibles can be captivating. Collectors can be very passionate when dealing with the items they collect. Their collection represents far more than a store of value, it represents hard work and sacrifice spent, at times over many years, acquiring and maintaining the items they value.

The items in any given collection are not immune from the potential of being lost, damaged or stolen. In fact, certain items can present an exponentially greater risk of loss (such as jewelry and its exposure to theft). Collectibles insurance can be a great tool to protect an individual’s investment in the items of value that they own.

You may own valuable items of any type, they may be as unique as your likes and interests. To protect them, a homeowner’s insurance policy will offer limited coverage against loss. Coverage limitations in standard policies make it necessary for items of value to be insured under separate, specialty insurance policies tailored specifically for the exposures presented by collectibles and other similar items of value.

If insurance is not properly arranged, there may be gaps in coverage which may severely limit or even deny the contribution of insurance after a loss. With items such as watches worth thousands or works of art valued in the millions of dollars, being sure that your property is correctly insured is imperative.

Collectibles Insurance, which can be used to cover fine arts, jewelry, antiques, etc. is specifically designed for insuring the risks presented by valuable items. Where normal insurance policies may cover items at a specified location defined in the policy, collectibles insurance can be arranged to follow the items wherever they are located. Using an insurance policy type known as a floater (under the inland marine insurance category) the insurance policy follows (or floats) with the insured items wherever they are located. Arranging coverage under a collectibles insurance policy also allows for the items to be insured on an agreed value basis which defines their value, and the amount recoverable from insurance (for total losses), before an actual loss occurs.

The above and more features make collectibles insurance a better option for protecting your valuable items. We can assist in structuring an insurance policy to protect your valuable property.

Risk Reinsurance Holdings, Inc. is your source for collectibles insurance coverage. As an independent insurance agency, we represent many insurance companies which allows us to compare coverage alternatives on your behalf and select the most appropriate option to address your needs.

Try Risk Reinsurance Holdings today and leverage our expertise and market access to solve your insurance needs. You may follow the link hereunder to complete a questionnaire to get the quoting process underway.